REGIONAL COOPERATION AND ECONOMIC INTEGRATION

More documents

Recommendations

Info

REGIONAL TRADE AGREEMENTS AND REGIONAL COOPERATION actual value of benefits measured by GDP or GNI increases are at large different among the states included into the trade liberalization. Not on such bases but still different effects of trade liberalization were respected during GATT rounds giving different periods and levels of liberalization to contracting parties based on their development levels. Even more the theory and practice often does not consider internal distribution of trade liberalization benefits among different social/economic groups. It is true that suggestions given by theory (Stolper/Samuelson Theorem) depend on (too) many assumptions to be evidently connected to practical aspect of trade liberalization. These to aspects partially explain problems with multilateral trade liberalization efforts especially after acceptance of Doha Agenda. Based on regional integration theory and general trade theory advocating maximizing of benefits in totally open economies we assessed, based on different researches and texts, that countries in region with similar production structure and similar level of GDP have potentially better chances to create larger benefits out of regional trade liberalization. Following that logic we looked to trade cooperation of the WBCs who are CEFTA members. Past regional trade is limited and on partial data we stated that after 2006 – CEFTA establishment – was not substantially increased. Among other potential reasons for such unfavorable development we focused on rules of origin in the region providing potential production cooperation in the region with still free access to EU (major partner) market. Some technical explanations of the logic and practicalities of the rules of origin in the Eu practice helped us to develop some optimism for future faster regional trade development. The optimism was based on decision of the Eu Commission from March 2009 introducing the right to diagonal accumulation of origin in CEFTA region. Based on theory and evidences accelerated trade increase in WBCs region is highly needed due to low levels of present GDPs and on the other side by request of the EU to fulfill the criteria of effective and functional market economy. Just formal introduction of diagonal cumulation of rules of origin will not be enough to boost the regional trade. Proper and focused utilization of the new opportunities should be connected to practical business decisions and development plans. It should be simultaneously supported by transparent and adequate administrative activities on the borders of all participating counties. REFERENCES European Commission; Notice concerning preferential agreements providing for diagonal cumulation of origin between the Community, Western Balkan countries and Turkey, (2009/C 62/07), Official Journal of the European Union, 17.3.2009 Doha Development Agenda - http://www.wto.org/english/tratop_e/dda_e/dda_e.htm Edwards, S . (1998), Openness, Productivity and Growth: What Do We Really Know The Economic Journal. March 1998. El-Agra A.M. (2004), The European Union – Economics &Policies, Pretice Hall, seventh edition, 2004. 15
PART I: Rodrik, Dani. (1999), The New Global Economy and Developing Countries: Making Openness Work, Overseas Development Council Policy Essay Number 24, Johns Hopkins University Press for the Overseas Development Council, Washington, 1999 Sacs, J.D. ,Warner A. (1995), Economic Reform and the Process of Global Integration, Brookings papers on economic activity, 1995, http://books.google.com/ bookshl=en&lr=&id=u4Xzb-Ch7wsC&oi=fnd&pg=PA1&ots=TMhPhlwgpD&sig=ZxV 29-StNBAs0XdBjk4TQEiPVCo The Uruguay Round - http://www.wto.org/english/thewto_e/whatis_e/tif_e/fact5_e.htm Wacziarg R., Welch Horn K. (2008), Trade Liberalization and Growth: New Evidence, The World Bank Economic Review, Advance Access originally published online on June 3, 2008 http://wber.oxfordjournals.org/cgi/content/abstract/22/2/187 WTO Member Countries - http://ken_davies.tripod.com/WTOmembers.html 16
Page 1 and 2: Proceedings from the Third Internat
Page 3 and 4: © All rights reserved. No part of
Page 5 and 6: Skopje, 15.10.2009 Dear Colleagues,
Page 8 and 9: CONTENTS: PART I: REGIONAL TRADE AG
Page 10: Ph.D. Sanja Đurđić THE RULE OF L
Page 13 and 14: PART I: Greater openness means fier
Page 15 and 16: PART I: the past never experienced
Page 17 and 18: PART I: Nowadays such actions will
Page 19 and 20: PART I: ratio could ultimately rais
Page 21 and 22: PART I: 3. CEFTA regional cooperati
Page 23 and 24: PART I: any other type of economic
Page 25: PART I: including Kosovo, who is de
Page 29 and 30: PART I: The paper examines how West
Page 31 and 32: PART I: What are the main reasons f
Page 33 and 34: PART I: EU growth rates and a sign
Page 35 and 36: PART I: only a limited portion of t
Page 37 and 38: PART I: on a larger trade deficit;
Page 39 and 40: PART I: and world trade in goods an
Page 42 and 43: REGIONAL TRADE AGREEMENTS AND REGIO
Page 52: REGIONAL TRADE AGREEMENTS AND REGIO
Page 55 and 56: PART I: was developed especially fo
Page 57 and 58: PART I: 2. Theoretical background,
Page 59 and 60: PART I: focus on the way in which t
Page 61 and 62: PART I: of private incomes by addin
Page 63 and 64: PART I: the GDP per capita: the 53.
Page 65 and 66: PART I: received EU-transfers, but
Page 68 and 69: Dr Márta Zádor, PhD Deputy Genera
Page 76 and 77:
Macedonia REGIONAL TRADE AGREEMENTS
Page 78 and 79:
REGIONAL TRADE AGREEMENTS AND REGIO
Page 80 and 81:
Page 82 and 83:
Page 84 and 85:
Page 86 and 87:
Goran Buturac, Ph.D., Research Fell
Page 88 and 89:
Page 90 and 91:
c in total exports of country a in
Page 92 and 93:
2.3. Comparative advantages REGIONA
Page 94 and 95:
Page 96 and 97:
Page 98 and 99:
2.6. Export similarities The paper
Page 100:
Page 103 and 104:
PART II: INTRODUCTION CEFTA-2006 is
Page 105 and 106:
PART II: Agreement for Modification
Page 107 and 108:
PART II: only provide temporary rep
Page 109 and 110:
PART II: The Leaders of the Group o
Page 111 and 112:
PART II: messages over the past yea
Page 113 and 114:
PART II: INTRODUCTION Central Europ
Page 115 and 116:
PART II: Table 1: Gross domestic pr
Page 117 and 118:
PART II: Figure 3: Distribution of
Page 119 and 120:
PART II: Table 6: Countries of West
Page 121 and 122:
PART II: Adriatic gas pipeline is c
Page 123 and 124:
PART II: Total Croatian export to t
Page 125 and 126:
PART II: CIA - The World Bank Factb
Page 128 and 129:
CEFTA-2006 TRADE COOPERATION Sanja
Page 130 and 131:
the implementation of the protocol
Page 132 and 133:
CEFTA-2006 TRADE COOPERATION in the
Page 134 and 135:
The major foreign trade partners in
Page 136:
Integration, Vol. 26, No. 3, 309-33
Page 139 and 140:
PART II: divisive, as well as mainl
Page 141 and 142:
PART II: of time. During the transi
Page 143 and 144:
PART II: been recovered from 2004 o
Page 145 and 146:
PART II: diversified structure as c
Page 147 and 148:
PART II: VAR and to test if one may
Page 149 and 150:
PART II: VAR since the test for coi
Page 151 and 152:
PART II: coefficient sign) but mode
Page 153 and 154:
PART II: elasticity. The seasonal f
Page 155 and 156:
PART II: GDP” that has been runni
Page 157 and 158:
PART II: Faini, R., Pritchett, L. a
Page 159 and 160:
PART II: pleasant. The expectations
Page 161 and 162:
PART II: Table 3: Regional trade ex
Page 163 and 164:
PART II: In order to bring to an en
Page 165 and 166:
PART II: stimulated the growth rate
Page 168 and 169:
CEFTA-2006 TRADE COOPERATION Irena
Page 170 and 171:
CEFTA-2006 TRADE COOPERATION within
Page 172 and 173:
Table 2: Data on exports of agricul
Page 174 and 175:
CEFTA-2006 TRADE COOPERATION 3.1. T
Page 176 and 177:
Macedonian export of non-agricultur
Page 178 and 179:
is 37.1% of the total Serbian trade
Page 180:
CEFTA-2006 TRADE COOPERATION na CEF
Page 183 and 184:
PART II: countries in the Region, a
Page 185 and 186:
PART II: becoming wealthier consume
Page 187 and 188:
PART II: versa for Croatia; for Mac
Page 189 and 190:
PART II: Table 5: Exports of the Re
Page 191 and 192:
PART II: Commission of the European
Page 193 and 194:
PART III: Serbia, Macedonia and man
Page 195 and 196:
PART III: of TNCs have changed the
Page 197 and 198:
PART III: 3. Foundations of the new
Page 199 and 200:
PART III: modes of supply, FATS cor
Page 201 and 202:
PART III: enterprise (affiliate). U
Page 203 and 204:
PART III: REFERENCES Bjelić, Predr
Page 205 and 206:
PART III: requirement for compulsor
Page 207 and 208:
PART III: Companies prepare and pre
Page 209 and 210:
PART III: it refers to adjusting of
Page 211 and 212:
PART III: presentation of assets, l
Page 214 and 215:
SOME ASPECTS OF TRADE STATISTICS AN
Page 216 and 217:
their mass and inversely proportion
Page 218 and 219:
Peri specifications in log-log spac
Page 220 and 221:
orn population, is less reliable an
Page 222 and 223:
SOME ASPECTS OF TRADE STATISTICS AN
Page 224:
Weltwirtschaftliches Archiv, 90(01)
Page 227 and 228:
PART IV: INTRODUCTION The manufactu
Page 229 and 230:
PART IV: 12 Figure 2: Main developm
Page 231 and 232:
PART IV: Firms’ characteristics F
Page 233 and 234:
PART IV: 3.2. Measurement and data
Page 235 and 236:
PART IV: high and high technologica
Page 237 and 238:
PART IV: study. Firstly, companies
Page 239 and 240:
PART IV: and Consumption Studies, U
Page 241 and 242:
PART IV: medium-sized enterprises,
Page 243 and 244:
PART IV: Balkan transition economie
Page 245 and 246:
PART IV: evidence that human capita
Page 247 and 248:
PART IV: of involving Serbia in a u
Page 249 and 250:
PART IV: REFERENCES Arandarenko, M.
Page 252 and 253:
CEFTA-2006 AND ANHANCING COMPETITIV
Page 254 and 255:
Page 256 and 257:
Page 258 and 259:
Page 260:
Page 263 and 264:
PART IV: INTRODUCTION Air transport
Page 265 and 266:
PART IV: 2. Air transport market Ge
Page 267 and 268:
PART IV: Finally, it is necessary t
Page 269 and 270:
PART IV: Figure 2: PSO routes conne
Page 271 and 272:
PART IV: 2012), and 9% lower in the
Page 273 and 274:
PART IV: b) Second phase from 2011
Page 275 and 276:
PART IV: IATA Passenger Forecast (2
Page 277 and 278:
PART IV: determined by legal rules
Page 279 and 280:
PART IV: Congress in 1985. As a con
Page 281 and 282:
PART IV: 4. The rule of law and ind
Page 283 and 284:
PART IV: the establishment of the r
Page 285 and 286:
PART IV: REFERENCES Barro, R. (1991
Page 287 and 288:
PART V: the association process ear
Page 289 and 290:
PART V: Figure 3: EU FDI outward fl
Page 291 and 292:
PART V: (macroeconomic stability an
Page 293 and 294:
PART V: FDIPC- logarithm value of t
Page 295 and 296:
PART V: DIST shows that if the dist
Page 297 and 298:
PART V: University Press. Deichmann
Page 299 and 300:
PART V: developing countries, where
Page 301 and 302:
PART V: Figure 2: FDI inflow distri
Page 303 and 304:
PART V: The economic literature usu
Page 305 and 306:
PART V: The regression equation, wi
Page 307 and 308:
PART V: Table 1. Determinants of FD
Page 309 and 310:
PART V: The key determinants that w
Page 311 and 312:
PART V: REFERENCES Liebscher, K. (2
Page 313 and 314:
PART V: INTRODUCTION In the conditi
Page 315 and 316:
PART V: from government regarding a
Page 317 and 318:
PART V: 306 3.1. Comparative analys
Page 319 and 320:
PART V: are sufficiently developed.
Page 321 and 322:
PART V: monopolistic companies is e
Page 323 and 324:
PART V: Savić Lj., (2008.), Inostr
Page 325 and 326:
PART V: abandoned CEFTA membership)
Page 327 and 328:
PART V: Figure 1: FDI in selected c
Page 329 and 330:
PART V: 318 Table 3: Balance of pay
Page 331 and 332:
PART V: come true if stable politic
Page 333 and 334:
PART V: The task of the effective u
Page 335 and 336:
PART V: Cooperation between the pub
Page 337 and 338:
PART V: needs of Serbia and in that
Page 339 and 340:
PART V: conventional production and
Page 341 and 342:
PART V: REFERENCES Bandiera, O., Ca
Page 343 and 344:
PART V: stability and macroeconomic
Page 345 and 346:
PART V: By economic activity, the m
Page 347 and 348:
PART V: Table 3: Exports and import
Page 349 and 350:
PART V: In the last years, a series
Page 351 and 352:
PART V: Figure 4: Balance of paymen
Page 353 and 354:
PART V: because the level of per ca
show all

REGIONAL COOPERATION AND ECONOMIC INTEGRATION

Create successful ePaper yourself

Delete template?

Save as template?